Enerkem Advances Global Expansion After Financial Restructuring
- Enerkem's Ecoplanta project in Tarragona, Spain, is an €800 million investment from Repsol.
- The plant will produce renewable methanol from waste using Enerkem's gasification technology.
- Ecoplanta is scheduled to start operations in 2029.
- The facility will process up to 400,000 tons of municipal solid waste annually.
Financial Restructuring
Enerkem has successfully completed a financial restructuring under the Companies’ Creditors Arrangement Act (CCAA). This process has resulted in a strengthened capital structure and renewed financial stability, allowing the company to move forward with a committed leadership team and new financing.
Global Expansion
With 25 years of experience in developing waste-to-methanol gasification technology, Enerkem is set to accelerate its global expansion. The company aims to deliver its innovative solutions to clients and partners worldwide, focusing on sustainable methanol and sustainable aviation fuel (SAF) markets.
Ecoplanta Project
Enerkem's Ecoplanta project in Tarragona, Spain, represents an €800 million investment from Repsol. Scheduled to start operations in 2029, the plant will be the first in Europe to produce renewable and circular methanol from waste using Enerkem's advanced gasification technology. It will process up to 400,000 tons of municipal solid waste annually, converting it into 240,000 tons of renewable fuels and circular products.
Source: Enerkem